Barney Frank Steps Down

Representative of Massachusetts, Barney Frank announces that he will not be seeking reelection. He cited political polarization and redistricting as key reasons for not running. Congressman Frank is 71.

Frank-Dobbs Act.

This historic piece of legislation has been one of the Republican's go to assaults on Obama and the Democratic Incumbents. Perhaps this is because most people don't know what it is.
It is actually one of the biggest financial regulation reforms since the Great Depression and was enacted in 2007 to provide the federal government with more oversight over private industry.


Quote:
"If you read the journals about [Fank-Dobbs] you will hear people complaining because they say, 'we can't do much.' But I think what we did was to restrict some of the activity that added nothing to the real economy. They were just trading paper back and forth.
I mean these people were engaged in economic transactions which had enough relation to the real economy as much as fantasy football has to Sunday afternoon, 
except they were making money of it."- Frank Dobbs on MSNBC's Hardball 12 October 2011


He was also the first openly gay Congressman to serve.
Here Frank discusses the "Radical Homosexual Agenda."